Lenders

Offer Price

Proposed Settlement Date

Financing Terms

Include Furniture

Yes
No

Include Future Bookings

Yes
No

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate
brokerage and does not represent me in any capacity on a real estate transaction. I
understand that this is not a purchase commitment and I am simply presenting a non-binding
letter of intent to the seller of this property and the seller is in no way obligated to respond or
accept my offer.

Property Description

Beautiful beach front property 20 miles away from Flores. The property is listed on short term rental sites and generates around $24,000 per year, a 11% return on the asking price. Many ways to monetize more are not explored at the moment as I have little time for that. Happy to discuss tips and tricks once the sale is finalized. There are a few bookings as far as July 19 at the moment. My staff is fully trained to handle guests and can keep working there.
This property sites on a 30 x 70 meter plot (2,100 square meters, 22,600 sqft) with 30 meters (98ft) of beach front with its own wooden deck complete with palm roof and hammocks.
It is near the village of San José, 4 miles up a dirt road, accessible by car. There is off street parking for 2 or 3 cars.
The garden is mature with beautiful palm trees, lush grass and paths to the three built units:
1. A block house with thatch roof that contains two small rooms, a bathroom, and a large kitchen.
2. A stone house with a large queen bedroom, private bath, AC unit, and huge French doors overlooking the lake, an open terrace on top that can serve as a second kitchen with a bar and living space
3. Another stone house with a medium queen bedroom, private bath, AC unit, and huge French doors overlooking the lake, a roofed sitting area in front with lake views and a terrace on top that also has a bar and sitting area.
These three units could be fitted with a fridge and kitchen each and rented separately for more income.
The place is perfect for families who want to holiday together but also have some privacy. There is space to build a couple more units and the council does not require building permission at the moment so you have the freedom to build whatever you please!
This is a very safe area of the lake, and the village is super quaint. Tourism has been increasing each year (I bought in 2012), and the little village has been growing too.
The land is registered with OCRET since 2013 for a 30 year renewable lease ($200/year), taxes are $100/year. There is power at the property and four solar panels are installed on the roof but not connected. Water is pumped from the lake with a 3 horse power pump into a 250 gallon tank.
The sale includes all furnishings, the fridge and gas stove are two years old, there is a deep freezer, and some custom made wooden furniture.
The price is NON NEGOTIABLE, payable in the US or GT and I may consider payment terms. The price includes a 1996 Suzuki Samurai that needs minimal repairs (has been there without attention for a couple of years as I have another car, needs a battery, probably a fuel pump and an electro mechanic to check it, with $500 it should run great).
Also includes a tiny boat that I haven't used in a while that needs a bit of welding (probably $200), and a 25cc Yamaha engine for the boat that has been stored and worked fine the last time I used it.

User understands this calculator is deemed reliable but not guaranteed.
Vrolio makes absolutely no guarantees on returns or income.
User should do their own due diligence and verify all data before making a purchasing decision.
User understands that this is an educational tool only.
We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to.
Please use this tool at your own discretion and use caution always before buying any real estate investment.

The information featured here is supplied by third party resources.
In some cases the owner directly will supply the data and in other cases third party listing sources.
While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity,
guarantee the information sourced here is 100% accurate.
All users should do their own due diligence and further research before engaging in a property purchase based on the data
and information provided here. It is deemed reliable but not guaranteed.
In many cases the information may not be verified further than the source that provided it to us.
This includes all data and information shown about the properties, locations, regulations and any other details found here.
Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here.
Images are subject to copyright from owner and photographer. We do not own any of the images provided here.
We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.
You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.